Spain HCOB Manufacturing PMI climbed from previous 48.7 to 51.7 in April

May 4, 2026

EUR/GBP Price Forecasts: Euro remains vulnerable below 0.8640

The Euro (EUR) opens the week on a soft note against the British Pound (GBP). The pair shows moderate losses, as Friday’s upside attempt from the 0.8620 lows failed to find acceptance above a previous support area at 0.8640, which leaves the year-to-date low, at 0.8611, exposed

Oil: Market steadier as Hormuz risks persist – ING

ING analysts Warren Patterson and Ewa Manthey say the Oil market has stabilised after a volatile week driven by concerns over Persian Gulf disruptions and the expiry of the ICE Brent Jun-26 contract.